RAM Investment Partners LLC Makes New Investment in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

RAM Investment Partners LLC acquired a new stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 6,350 shares of the company’s stock, valued at approximately $616,000.

Several other institutional investors and hedge funds also recently made changes to their positions in AVUS. Raymond James & Associates lifted its holdings in Avantis U.S. Equity ETF by 11.4% during the 3rd quarter. Raymond James & Associates now owns 233,493 shares of the company’s stock valued at $22,217,000 after purchasing an additional 23,986 shares during the last quarter. Atria Investments Inc bought a new position in shares of Avantis U.S. Equity ETF in the third quarter valued at approximately $216,000. Truist Financial Corp boosted its holdings in shares of Avantis U.S. Equity ETF by 85.5% in the 2nd quarter. Truist Financial Corp now owns 5,399 shares of the company’s stock worth $487,000 after acquiring an additional 2,489 shares in the last quarter. Foundations Investment Advisors LLC grew its position in Avantis U.S. Equity ETF by 55.6% during the 3rd quarter. Foundations Investment Advisors LLC now owns 121,229 shares of the company’s stock worth $11,535,000 after acquiring an additional 43,317 shares during the last quarter. Finally, Alpha Financial Partners LLC acquired a new stake in Avantis U.S. Equity ETF during the 3rd quarter valued at $8,814,000.

Avantis U.S. Equity ETF Stock Performance

Shares of AVUS opened at $99.96 on Monday. The company has a market cap of $7.21 billion, a price-to-earnings ratio of 17.22 and a beta of 1.00. The stock has a fifty day moving average price of $99.42 and a two-hundred day moving average price of $96.24. Avantis U.S. Equity ETF has a 52-week low of $82.74 and a 52-week high of $102.23.

About Avantis U.S. Equity ETF

The Avantis U.S. Equity ETF (AVUS) is an exchange-traded fund that is based on the Russell 3000 index. The fund is an actively managed portfolio of US equities of all market capitalizations, with a bias toward smaller, more profitable or value companies. AVUS was launched on Sep 24, 2019 and is managed by American Century Investments.